Allocate Software plc

Allocate Software plc

March 30, 2010 06:18 ET

Exercise of Share Options

30 March 2010
                                           Allocate Software plc
                                       ("Allocate" or "the Company")
                                         Exercise of Share Options

On  30  March 2010, the Company issued 13,000 ordinary shares of 5 pence each ("Ordinary Shares")  following
the exercise of options under the Company's Enterprise Management Incentive Scheme.

Application  has been made for the Ordinary Shares, which rank pari passu with all existing  shares,  to  be
admitted to trading on AIM.  Dealings in the Ordinary Shares are expected to commence on 7 April 2010.

Following  the  exercise  of these options, Allocate Software plc will have 60,397,149  Ordinary  Shares  in


Allocate Software                                                   
Ian Bowles - Chief Executive Officer                                Tel: +44 (0) 20 7355 5555
Simon Thorne - Group Finance Director

Numis Securities                                                    
Nominated adviser - Michael Meade / Brent Nabbs                     Tel: +44 (0) 20 7260 1000
Corporate Broking - James Black

Hansard Communications                                              
Justine James                                                       Tel: +44 (0) 20 7245 1100

About Allocate Software

Allocate  Software plc is the leading workforce optimisation software applications provider for  world-wide
organisations with large, multi-skilled workforces.  With a blue chip client base spanning the  public  and
private sector, its key vertical markets include: Defence, Maritime, Healthcare, Government & Education.

At  the  core  of  the  business is Allocate Software's workforce optimisation software application,  which
organisations use to deploy the right people with the right skills, to the right place at the right time.

Headquartered  in  London, Allocate Software provides services and support to its increasing  international
customer base through regional offices in the UK, Sweden, USA, Australia and Malaysia.

Allocate  Software  is  quoted on the London Stock Exchange (AIM: ALL).   For  further  information  please

Contact Information

  • Allocate Software plc